illegal workers...

"Remittances grew at a 0.6 percent annual pace in March, down from a 27 percent rate in March 2006, according to the most recent Mexican central bank data" according to Bloomberg.

Ouch! That can't be good for the Mexican economy. As the article also points out, illegal workers are the first to lose their jobs. If this story is getting mainstream press, and you can be sure that Wall Street is miles away from Main Street, then it is probably time for the housing recession to start affecting the Dept. of Labor numbers. Let's see when the employment report comes out on Friday.